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Sea Machines Raises USD 10 Mn to Advance Autonomous Ship Technology

Sea Machines Raises USD 10 Mn to Advance Autonomous Ship Technology

December 27, 2018

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As informed, the investment marks one of the largest venture rounds for a marine- and maritime-focused technology company and brings the total capital Sea Machines has raised to USD 12.5 million.

Sea Machines said it will use the funds to expand the sales and global reach of its recently released line of products, grow the R&D and engineering teams, roll out new product feature sets, and further the company’s lead in developing advanced situational awareness systems for vessels.

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